sebi:SO/EFD-2/SD/278/MAR/2019
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Facts / Headnote
Settled
Provisions invoked
- s. 15J
Regulations
- Reg. 7(1)
- Reg. 25
- Reg. 34
- Reg. 23
- Reg. 30
- Reg. 30(2)
- Reg. 7(2)
- Reg. 16(1)
Parties
- Mr. T. Valsaraj
- Ms. Jeeja Valsaraj
- Mr. Kambhampati Hari Babu
- Kambhampati Hari Babu (HUF)
- Ms. Jayasree K
- Ms. Chetna Kambhampati
- Ms. Chandana Kambhampati
- Ms. Vijeta Valsaraj
- Ms. Vineesha Valsaraj
- Mr. T. Viswanath
- Mr. K. Venkatesh
- M/s. TVR Estates & Resorts Private Limited
Holding
The possible/proposed adjudication proceedings against the 12 applicants for delayed disclosures were settled qua the applicants upon remittance of Rs.13,12,188, and SEBI shall not initiate any enforcement action against the applicants for the said defaults.
Full text
Settlement order in the matter of Coastal Corporation Limited. Page 1 of 3 SO/EFD-2/SD/278/MAR/2019 BEFORE THE SECURITIES AND EXCHANGE BOARD OF INDIA SETTLEMENT ORDER On Application No. 3839/2019 Filed by
Settlement order in the matter of Coastal Corporation Limited. Page 2 of 3 delayed continual disclosures under Regulation 30(2) read with Regulation 30 (3) of the SEBI SAST, 2011 on 3 instances during the period 2012 to 2014.
Settlement order in the matter of Coastal Corporation Limited. Page 3 of 3 iv. passing of this order is without prejudice to the right of SEBI to take enforcement actions including commencing proceedings against the applicant, if SEBI finds that:
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Source: SecMarx — sebi:SO/EFD-2/SD/278/MAR/2019. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.